Aster DM Healthcare (“Aster”), one of the largest and fastest-growing integrated healthcare providers in GCC and India, has today received board approvals from its subsidiary Affinity Holdings Private Limited (“Affinity”) and approval from its Board of Directors to separate the India and GCC businesses into two distinct and standalone entities. Under the separation plan, Affinity […]
Mastercard and Spotii Bring ‘Buy Now Pay Later’ to the GCC Region
As the ‘Buy Now Pay Later’ market continues to grow to $1.5 trillion worldwide, Spotii has selected Mastercard as its exclusive payments BNPL partner in the region. The partnership will offer millions of consumers across the region flexible installment payment options with zero additional cost or hidden fees through the web, in-store or the Spotii […]
New Google Data Reveals Coronavirus Impact in GCC
New data published by search engine Google has revealed how the Coronavirus outbreak is impacting mobility across the GCC. The research shows the quarterly percentage change of each country based on a range of key indicators including parks, transit and grocery stores. Across all metrics, the average reduction for the whole of the GCC during […]
Nejree Raises $4 Million in Funding to Fuel GCC Expansion
Nejree, the online sneaker destination in the GCC, announced today it has raised $4 million in Pre-Series A funding led by AlKhaila Investment Co, and Teejan Technologies Co. The new capital will further fuel the Saudi-based startup’s expansion into new markets; invest in technologies to enhance online customer experience and company new technology initiatives. The […]
Eksab Raises Seed Investment From 500 Startups
Eksab, the leading Daily Fantasy Sports (DFS) platform in MENA and the GCC, announced six-figure seed investment from 500 Startups as it looks to capitalize on the prestigious African Cup of Nations being hosted in Egypt for the first time in more than a decade.
GCC Businesses Must Comply with GDPR or Risk Hefty Fines
Many businesses in the GCC still do not comply with the EU’s General Data Protection Regulation (GDPR) and must act immediately or risk falling behind and potentially facing fines of 20 million euros or four percent of global annual turnover, according to ICAEW.
Virtual Reality Industry to Gather Steam in UAE by 2019
Virtual Reality (VR) has been a revelation for the entertainment and leisure industry in UAE and the rest of the GCC region.
Storytel Arabia Optimistic About the Growth of the Regional Audiobook Industry
Sweden-based Storytel Arabia remains confident on the growth of the audiobook industry in the GCC and the greater Middle East region.